628 E MAGNOLIA STREET, Arcadia, FL 34266
Property image
Property image
FOR SALE
3D VIEW
0.33 ACRES

$285,000

Original price: $299,000
  • Studio
  • 1,140 sqft (on 0.33 acres)

628 E MAGNOLIA STREET, Arcadia, FL 34266

Est. Mortgage $1,885/mo*
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Home Highlights

Multi-Family
Built in 1946
0.33 acre lot
$250/sqft
1 Carport Spaces

Local Information

  • Map ViewExplore the area around 628 E MAGNOLIA STREET.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport — ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house — don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads. Don't miss this one-of-a-kind offering!
Last check for updates: about 11 hours ago
Listing Provided by: Oralia Ramirez, (863) 990-6093
RMZ REALTY INC., (863) 990-6093
Originating MLS: Sarasota - Manatee
Source: Stellar MLS, MLS#A4700298
Also Listed on Stellar MLS.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Home Details for 628 E MAGNOLIA STREET

Interior Features

Dimensions and Layout
Living Area: 1140 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, PublicLaundry: Outside
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
View
No View

Exterior Features

Exterior Home Features
Roof: MetalExterior: NoneFoundation: CrawlspaceNo Private Pool
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportNo GarageNo Attached GarageParking Spaces: 1Parking: Carport
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 52Days on Market: 56

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family
Building
Construction Materials: Wood FrameNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 253724001205400010

Price & Status

Price
List Price: $285,000Price Per Sqft: $250
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: ARCADIACommunity: A W GILCHRIST RESUB

Agent Information

Listing Agent
Listing ID: A4700298

Building

Building Area
Building Area: 1800 Square Feet

Community

Is a Senior Community

HOA

Association for this Listing: Sarasota - ManateeNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.33 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: A4700298Showing Advance Notice: 24Showing Requirements: 24 Hour NoticeUniversal Property Id: US-12027-N-253724001205400010-R-N

Around this home

What Locals Say about Arcadia

At least 69 Trulia users voted on each feature.

  • 88 % Say yards are well-kept

  • 81 % Say parking is easy

  • 78 % Say car is needed

  • 72 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 61 % Say kids play outside

  • 61 % Say there's wildlife

  • 61 % Say it's quiet

  • 56 % Say people would walk alone at night

  • 53 % Say they plan to stay for at least 5 years

  • 52 % Say neighbors are friendly

  • 40 % Say there are community events

  • 39 % Say it's walkable to grocery stores

  • 34 % Say it's walkable to restaurants

  • 32 % Say there are sidewalks

  • 32 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Debbie Miller
    "It is a farming community and very diverse. Recently the schooling has deteriorated and jobs are everywhere but no one wants to work. Ever since Covid"
    2
    Flag
  • Candy K.
    "It is pet friendly. Lots of dog and cat owners. Even a small stable with a horse and some exotic birds!"
    3
    Flag
  • Maria C.
    "I’ve lived in this neighborhood for 5 years and it’s the nicest neighborhood in Arcadia everyone minds their own business and we all wave at each other when where passing on the road"
    2
    Flag
  • Jerome L.
    "great area and very quiet at night. people are friendly and it's awesome for young family. neighbors are helpful and kind and very polite "
    5
    Flag
  • Kelsey G.
    "The neighborhood is very quiet at night. You get a gorgeous view of the sunrise. A lot of friendly dogs that are great with kids. "
    0
    Flag
  • Roberto
    "On halloween we make a big scary house and many people go to it. Also we do car washes for the highschool teams. "
    3
    Flag
  • Trina B.
    "I have always loved the Peace RIVER. It has been a part our family for many years. My husband and 1 of my three children was born at Desoto Memorial Hospital. Arcadia is also a big part of my husbands heritage."
    9
    Flag
  • Mirinda K. W.
    "lived here for 30 years have always felt safe. neighbors are quiet. we all look out for each others homes when someone goes out of town. "
    1
    Flag
  • Esmee c.
    "I’ve lived here for almost a year now and the neighbors are nice. The neighborhood is pretty quiet and calm."
    3
    Flag
  • mritter30
    "Bordering Port Charlotte and Punta Gorda, Lake Suzy is actually in Desoto County, which means lower taxes. Also, no flood insurance is required, due to higher elevation. Homes are beautifully maintained and it is close to everything, including beaches. The Arcadia zip code is misleading, because it a half hour away from Arcadia. It borders Punta Gorda's Deep Creek area, North Port and Port Charlotte. Since it is geographically midway between Fort Myers & Sarasota, a quick zip on I75 will get you to either city. "
    0
    Flag
  • stroke357bruce
    "very run down area. homes with historic values could be saved but, surrounding homes have had no maintenance. should be condemned. not looking for investment or any area that investers are owning, would rebuild to live in area. just not with this blight allowed. "
    0
    Flag
  • Kamcamara
    "I have lived here for the past 7 years and work in the area as a teacher at Atwater El. Families are wonderful and opportunities are plentiful for children. Friendly, close to commerce and cultural events. A great place to retire or raise a family!"
    0
    Flag

Market trends in Arcadia

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$222K
$8.5KMoM
Sale-to-List Price
—
Price per sq ft
$164
$6MoM
Available listings
155
4MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1099 SE HARGRAVE STREET, Arcadia, FL
0.51
Multi-Family Home
$257,000
02/09/26
4
2
1,560
1713 & 1715 SE CHERRY DR DRIVE SE, Arcadia, FL
0.85
Multi-Family Home
$287,500
07/02/26
4
2
2,070
601 N WALDRON STREET, Arcadia, FL
1.18
Multi-Family Home
$285,000
09/29/25
7
3
1,680
2279 SE CARLSTROM FIELD ROAD, Arcadia, FL
1.06
Multi-Family Home
$265,000
04/24/26
5
3
2,288
1600 NE FLORIDIAN CIRCLE, Arcadia, FL
2.17
Multi-Family Home
$190,000
06/22/26
3
3
1,728
3413 NE MASTERS AVENUE, Arcadia, FL
2.33
Multi-Family Home
$265,000
03/05/26
4
2
1,416

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
129 S MILLS AVENUE, Arcadia, FL 34266
0.05
$150,000
3
2
1,560
Recently Sold
133 S SUMTER AVENUE, Arcadia, FL 34266
0.07
$260,000
3
2
1,350
Off Market
126 S ROBERT AVENUE, Arcadia, FL 34266
0.07
$275,000
3
2
1,936
Recently Sold
822 E MAGNOLIA STREET, Arcadia, FL 34266
0.12
$175,000
3
1
1,024
Recently Sold
NE RIVER MILL DRIVE, Arcadia, FL 34266
0.13
$25,000
-
-
-
Recently Sold
SINGLETON AVE, Arcadia, FL 34266
0.13
$25,000
-
-
-
For Sale
SE AIRPORT RD, Arcadia, FL 34266
0.13
-
-
-
-
Off Market
SE HWY 31, Arcadia, FL 34266
0.13
$275,000
-
-
-
Recently Sold
Address Not Disclosed, Arcadia, FL 34266
0.13
$235,235
-
-
-
For Sale
Address Not Disclosed, Arcadia, FL 34266
0.13
$245,000
-
-
-
For Sale
Address Not Disclosed, Arcadia, FL 34266
0.13
$205,205
-
-
-
For Sale

Price and Tax history

DateEventPrice
Sep 14, 2026
Source: Stellar MLS #A4700298
PriceChange
$285,000
Price decreased by 5%
Jul 24, 2026
Source: Stellar MLS #A4700298
Listed For Sale
$299,000
Oct 17, 2022
Source: Stellar MLS #A4540556
ListingRemoved
Jun 29, 2022
Source: Stellar MLS #A4540556
Listed For Sale
$259,900
Oct 9, 2020
Source: Stellar MLS #C7426986
Sold
$130,000

LGBTQ Local Legal Protections

Oralia Ramirez, RMZ REALTY INC., (863) 990-6093
Agent Phone: (863) 990-6093

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Frequently asked questions about 628 E MAGNOLIA STREET

  • What is the estimated monthly payment for 628 E MAGNOLIA STREET?
    Based on a $285,000 list price with 20% down at today's rates, the estimated monthly payment for 628 E MAGNOLIA STREET in Arcadia, FL is approximately $1,915 (about $1,538 principal & interest, $302 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 628 E MAGNOLIA STREET compare to homes in Arcadia?
    628 E MAGNOLIA STREET in Arcadia, FL is listed at $285,000, about 29% above the $222K median sale price in Arcadia.
  • What do residents say about Arcadia?
    Residents describe Arcadia, FL as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Arcadia, FL.
  • What are the closest schools to 628 E MAGNOLIA STREET?
    The closest schools to 628 E MAGNOLIA STREET in Arcadia, FL are Desoto County High School (rated 3/10), Desoto Middle School (rated 4/10), Memorial Elementary School (Pre-K, rated 3/10).
  • Does 628 E MAGNOLIA STREET have air conditioning?
    Yes, 628 E MAGNOLIA STREET in Arcadia, FL has air conditioning.
  • Does 628 E MAGNOLIA STREET have laundry facilities?
    Yes, 628 E MAGNOLIA STREET in Arcadia, FL has laundry facilities.
628 E MAGNOLIA STREET, Arcadia, FL 34266 is a studio, 1,140 sqft multi-family built in 1946. This property is currently available for sale and was listed by Stellar MLS on Jul 24, 2026. The MLS # for this home is MLS# A4700298.